Las Vegas Real Estate Is Headed For A Great 2019

Selling your Las Vegas area home in 2019? This is looking to be your awesome year! Las Vegas home values continue to rise, as they greatly did in 2018, and housing inventory still remains relatively low. This is very good news for home sellers.

Local real estate agent George Kypreos agrees, saying, “2019 is going to be a good year for Las Vegas. 2018 was fantastic. We had a 15 percent appreciation. 2019 will be half at seven percent.”

For homeowners looking to move or sell, it’s good news for the second year in a row.

2018 brought dramatic increases in home value.

Demand was so high that there was a crisis in supply.

Simply put, there weren’t enough homes to sell.

However, new housing construction is helping to ease the problem of low inventory, and will help even more in 2019.

“We’re up to about 7,500 homes on the market, so in the summer, it was tough to buy a house. Open the market, and make it fairer,” says Kypreos.

It still means the first-time home buyer is going to pay a premium as Las Vegas continues to be the destination for families looking to put down roots.

2019 is going to be a great year to be a home seller in Las Vegas!

Are you searching for your dream home in the Greater Las Vegas Valley? Looking to sell your existing home?

Then contact Rick Edwards and let’s get started today. Rick will get you results!